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Boosting the Economy: 63 Items Exempted from VAT to Drive Growth and Development

  • Federal Government exempts 63 items from VAT
  • Aimed at boosting various sectors of the economy
  • Announcement made by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms
  • Exemption detailed in the ‘Value Added Tax (Modification) Order, 2024’ dated September 3, 2024

Source: tribuneonlineng.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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